Vikran Engineering executes SPA to acquire 49% stake in NOPL Solar Projects
The acquisition is in line with the company’s strategy to expand its presence in the renewable energy sector
Vikran Engineering has executed a Share Purchase Agreement (SPA) for acquisition of 49% equity stake in NOPL Solar Projects. The acquisition is in line with the company’s strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects. The cost of acquisition is Rs 4.90 crore.
Vikran Engineering is an EPC Company offering a wide range of integrated end to end services including infrastructures project, power transmission and distribution, Extra High Voltage (EHV) substation and water infrastructure including design, supply, civil works, construction, testing and commissioning.
